Jazz, Mobilink Bank forge alliance for digital financial inclusion

Business Sep, 4 2024
Jazz, Mobilink Bank forge alliance for digital financial inclusion
  • 95
  • 0

KARACHI: Jazz and Mobilink Microfinance Bank Limited (MMBL) combined their strengths to advance financial inclusion and empowerment throughout Pakistan.

This partnership marks significant milestone in digital transformation of nation's financial services, with dual objectives of substantially enhancing customer engagement and expanding digital literacy and inclusion. Kazim Mujtaba President Consumer Division at Jazz said, "This initiative aligns with our new ServiceCo model and our broader vision of a digitally inclusive Pakistan."Mobilink Bank's Interim CEO Haaris Mahmood Chaudhary remarked, "Collaborating with Jazz, we are advancing our mission to provide accessible and efficient financial services, focusing on financial empowerment and inclusion for women.

" By synergising their unique capabilities, this partnership will spearhead women's entrepreneurship initiative dedicated to empowering female customers by providing them with essential digital assets. As part of this initiative, female lenders will be provided with complimentary smartphones equipped with Jazz SIMs, which will come with 12 months of free data and preloaded applications to improve data accessibility and ensure smooth access to essential financial services.

NC Big Stories

PCMD inks MoU with Ziauddin University

KARACHI: The Dr. Panjwani Center for Molecular Medicine and Drug Research (PCMD), part of the International Center for Chemical and Biological Sciences (ICCBS) at the University of Karachi, has entered into a Memorandum of Understanding (MoU) with th...

ACPK’s “Awami Theater Play” stages Balochi Drama “Wash Rang”

KARACHI: Arts Council of Pakistan Karachi’s 21-day “Awami Theatre Festival” is underway with great enthusiasm. On the festival’s fifth day, the Balochi drama “Wash Rang” (“Beautiful”) was performed at...

PVMA celebrates Atif Ikram Sheikh’s appointment as CACCI Vice President

KARACHI: The Pakistan Vanaspati Manufacturers Association (PVMA) has extended its heartfelt congratulations to Atif Ikram Sheikh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), on his recent election as Vice Presid...

Meta supports Pakistani creators in Karachi to inspire new wave of content

KARACHI: Meta connected with content creators in Karachi through various engagements starting with an event on November 6 that brought together around 40 creators from across Pakistan. Throughout the week, Meta worked with popular creators like Food...

More like this
Related

Meta supports Pakistani creators in Karachi to inspire new wave of content

KARACHI: Meta connected with content creators in Karachi through various engagements starting with an event on November 6 that brought together around 40 creators from across Pakistan. Throughout the week, Meta worked with popular creators like Food...

Gold price rises by Rs1,400/tola

KARACHI: After a sharp decline in the previous session, gold prices in Pakistan saw a notable rebound on Wednesday, tracking the upward movement in international rates. The price of gold per tola rose by Rs1,400, settling at Rs271,900 in the local m...

Pakistani rupee appreciates marginally against USD

ISLAMABAD: The Pakistani rupee showed a slight improvement against the US dollar on Wednesday, gaining 0.03% in the inter-bank market. At the close of trading, the rupee settled at Rs277.85, marking an increase of Re0.08 compared to the previous day...

KSE-100 ends marginally higher amid volatile trading

KARACHI: The Pakistan Stock Exchange (PSX) saw volatile trading on Wednesday, with the KSE-100 Index closing with a modest gain of 131 points. After starting the session in the red, the index hit an intra-day low of 92,943.08 points. However, a wave...
Need Help? Chat with us